TFL’s latest budget achieves operating surplus for transport improvements

TFL’s 2023/2024 budget shows that it can now cover operational costs as well as invest in new services, with billions earmarked for improvements on the transport network. This means that TFL is not only expected to achieve financial sustainability but also deliver large improvements across the entirety of London. The budget also outlines how with continued government suppport for improvements a wide range of schemes benefitting all of London can be delivered in the coming years. The schemes that fall under this idea include the improvement of the bus network in outer London and launching first of 54 new state-of-the-art trains on the Docklands Light Railway.

/

https://www.intelligenttransport.com/transport-news/144929/tfls-latest-budget-achieves-operating-surplus-transport-improvements/